Pensions (No. 2) Act (Northern Ireland) 2008, Section 29 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
29—(1) During the first transitional period F1...—
(a)sections 20(1)(b) and 26(4)(b) have effect as if for “3%” there were substituted “ 1% ”;
(b)sections 20(1)(c) and 26(5)(b) have effect as if for “8%” there were substituted “ 2% ”.
(2) The first transitional period is a prescribed period of at least one year, beginning with the coming into operation of section 20.
(3) During the second transitional period F2...—
(a)sections 20(1)(b) and 26(4)(b) have effect as if for “3%” there were substituted “ 2% ”;
(b)sections 20(1)(c) and 26(5)(b) have effect as if for “8%” there were substituted “ 5% ”.
(4) The second transitional period is a prescribed period of at least one year, beginning with the end of the first transitional period.
Textual Amendments
F1Words in s. 29(1) omitted (16.7.2015) by virtue of Pensions Act (Northern Ireland) 2015 (c. 5), ss. 38(5), 53(1); S.R. 2015/307, art. 2(1)(d)
F2Words in s. 29(3) omitted (16.7.2015) by virtue of Pensions Act (Northern Ireland) 2015 (c. 5), ss. 38(5), 53(1); S.R. 2015/307, art. 2(1)(d)
Commencement Information
I1S. 29 partly in force; s. 29 in force for certain purposes at Royal Assent see s. 118(2)
I2S. 29 in operation at 30.6.2012 in so far as not already in operation by S.R. 2012/266, art. 2, Sch. Pt. 1
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